Ethical Goal Setting in Business

Clearly define and communicate the organization's ethical values = Tailoring and conveying the ethical values to employees, clients, and stakeholders Establish and maintain an effective ethics and compliance program = Creating a program with sufficient resources and incentives to ensure ethical behavior and compliance Promote a culture of ethics and compliance = Improving ethical behavior through employee training, education, and awareness programs Implement processes to identify compliance risks = Developing monitoring and audit programs based on identified compliance risks

Monitor ethical performance and take corrective action if necessary = Ensuring ethical behavior is maintained and rectifying any deviations Establish communication channels to report unethical behavior = Creating avenues for reporting instances of non-compliance or unethical behavior Promote a safe working environment = Addressing potential sources of employee harm including hazardous conditions, disparate treatment, and systemic discrimination Establish independent committees or oversight teams = Setting up teams to examine or review ethical issues and/or compliance concerns

Clearly define and communicate the organization's ethical values = Measuring how effectively the organization's ethical values have been conveyed and understood Establish and maintain an effective ethics and compliance program = Evaluating the sufficiency of resources and incentives in the program Promote a culture of ethics and compliance = Assessing the impact of training, education, and awareness programs on employee behavior Implement processes to identify compliance risks = Monitoring and auditing to determine the effectiveness of risk identification processes